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3air Introduces New Blockchain To Bank The Unbanked In Africa

3air has launched SKALE blockchain, a platform working to provide connectivity and DeFi banking solutions to the most remote parts of Africa.

Every part of modern life requires access to the internet and banking services. Sadly, Sub-Saharan Africa does not generally have access to these services.

3air, a company working to provide connectivity and DeFi banking solutions to even the most remote parts of Africa, will supply these services with the SKALE blockchain.

This blockchain platform has exceptionally low fees and quick transfer rates, and accompanied by proven wireless technology centers, 3air can onboard millions of African users onto web3 and empower them in the global economy with this solution.

However, 3air isn’t planning on only providing a blockchain for banking services. Using K3 Telecom’s proven Last Mile technology, the company will install centers across Sub-Saharan Africa to provide internet access to all corners of the continent. 

The system can wirelessly transmit data at speeds of up to 1GBPS and has a vast range of 50km. This equipment has already been widely used and installed across three continents and nine nations. With total assurance that they will perform exactly as intended, these centers can be placed wherever.

Installing the centers is only the first part. 3air will then provide subscription services through NFTs. This subscription style, through the use of NFTs, will give users extra flexibility and freedom to use their money as they see fit. NFTs can be transferred between users or between a user and someone looking to start.

If the service is no longer desired, and the user has nobody to transfer the token to, they can sell it on a decentralized market. The company’s tokens are community tokens, allowing its customers to vote on what services and updates to work on next. All of these features aim to empower Sub-Saharan Africans while also connecting them to the global economy.

The company also intends to use its blockchain to provide microloans, crypto wallets, and financial education to its users. 

With SKALE, 3air can bypass these problems, providing its services without barriers for customers. SKALE is designed to have low gas fees and high throughput while also being completely scalable, perfect for rolling out internet and banking services across an entire continent.